Unemployment Rate

unemployment rate: That must be the rate of inflation, surely. Or maybe a lending-war rate for a mortgage, according to The Chronicle Herald. That was my reaction when I first saw those 2021 forecast unemployment numbers in a demographic-economic outlook prepared by Canmac Economics Ltd. last year. Hard to fathom the near future could be so disconnected from Nova Scotias long history of having many more working-age people than jobs to employ them and Its 2021 and the unemployment rate in Nova Scotia, just over two per cent, looks like a misprint. And what happened to the age-old gulf between urban and rural unemployment? How is it possible for the jobless rate to be 2.1 per cent in Halifax, 2.5 per cent in Cape Breton and in-between everywhere else? (www.immigrantscanada.com). As reported in the news.